The China Titanium Price And Market News Updated Aug 2024

Source: https://titaniumi.com/the-china-titanium-price-and-market-news-updated-9th-july-2024/

Titanium Ore:

Panzhihua titanium ore price index: $307.00, down $4.00 from the previous working day.

Environmental inspections restrict raw ore transportation; low operational rates at selection plants lead to limited supply.

The price gap between large and small manufacturers narrows, but small manufacturers' quotes remain firm.

The market is temporarily stable after the holiday.

Titanium Slag:

High slag price remains low; downstream market expectations are declining.

Potential reductions in high slag demand due to rutile price impacts; market pressure.

Titanium Tetrachloride:

Market price: $840-$920/ton; some low-price transactions in specific areas.

Low external sales volume; the market remains stable amid high raw material prices.

Sponge Titanium:

Mainstream price for first-grade sponge titanium: $6,000-$6,200/ton.

Significant reduction in downstream demand leads to oversupply; production cuts are planned for October.

Titanium Dioxide:

Price index: $2,070.00, down $30.00 from the previous working day.

Major enterprises' price declines lead to gradual adjustments; most adjustments are around $30/ton.

Over the past week, the domestic titanium market has shown a relatively calm state, with prices remaining stable and the market's supply-demand relationship relatively balanced. However, industry experts believe that this state may not last long.

The specific performance of various materials in the market is as follows:

Sponge Titanium: Market demand remains weak, inventories at sponge titanium production companies have increased, and market demand continues to decrease. Prices remain stable, with the transaction price for Grade 1 products around 49,000 yuan per ton.

Titanium Ingots: Production has significantly decreased, with some companies reducing output, leading to price drops. Pure titanium ingots are quoted at around 55,000 to 58,000 yuan per ton, while TC4 titanium alloy ingots are quoted at around 60,000 to 62,000 yuan per ton.

Titanium Slabs: Companies have reduced production, leading to a drop in prices and decreased demand. The market price for pure titanium slabs is between 62,000 and 63,000 yuan per ton, with sufficient spot market resources.

Titanium Hot-Rolled Plates (Coils): Demand has decreased, but prices remain stable. The quotation for pure titanium hot-rolled coils is between 82,000 and 85,000 yuan per ton, while pure titanium hot-rolled plates are quoted at around 80,000 yuan per ton.

Titanium Rods and Wires: Demand is stable, and prices remain unchanged. Pure titanium rods are priced between 120,000 and 140,000 yuan per ton, while titanium alloy rods are quoted at 180,000 to 220,000 yuan per ton. Pure titanium wires with a diameter of 2 to 4 mm are quoted at approximately 140 to 160 yuan per kilogram.

Titanium Tubes: Market demand has decreased, but prices remain stable, with quotations between 115,000 and 125,000 yuan per ton.

Titanium Alloys: Market demand is declining, competition is intensifying, and prices have slightly decreased.